No this is not an airfield at all but a small oilfield seven miles from Lincoln. Union Jack Oil (UJO) is paying approximately £137,000 for a 20% stake. This figure includes a pro rata share of the Operator`s legal, licence, planning and acquisition costs. The other 80% is owned by operator Egdon Resources.

With its shares having only returned from annoying suspension in September, San Leon Energy (SLE) is now at it again - the behaviour of this company is, even by the standards of the AIM Casino, sholckingly bad.

I have to take my hat off to UK Oil & Gas (UKOG). It has kept the show on the road for far longer than is customary with these types of promotes and seems to have cemented its position as the nations’ favourite oil tiddler after the long reign of Gulf Keystone (GKP) in the good old days of "The Tod squad".

Greg Orrell has 30 years experience in the resource sector. In this podcast he outlines where we are in the resource space and where we are going. He looks at this market as a hedge against financial uncertainty and currency risks.

The Guardian's coverage of the Paradise Papers has now turned to my old friend the Isle of Man based fugitive from Korean justice, Mr Jim Mellon. The Grauniad's coverage goes far but, sadly, its journalists fall for some slam dunk lies. This all concerns the Hoxton Pony,a fashionable bar in uber hip Shoreditch. I used to live round the corner and know it well.

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

Hello, Share Purloiners. Some of you’ve been kind enough to thank me for penny share selections which have shot ahead this year. Like IQE (IQE) Creightons (CRL) and Communisis (CMS). This weekend, I thought I should explain why Penny shares can reward so well, if only because the maths is so enticing.

I previously wrote on Eckoh (ECK) in June, concluding with the shares approaching 50p that the valuation would suggest much greater underlying growth than what has just been delivered and that, while awaiting to see what the stated “excellent” future prospects actually deliver, I continued to avoid. The company has recently updated…

Writing in September on Aeorema Communications (AEO) I concluded that I continued to avoid, at least ahead of the further results detail. The results for the company’s year ended 30th June 2017 have now been announced – at 11:15. Hmmm…

Joshua had his one year injections on Wednesday and, like yesterday, I have just got a call from his nursery saying he was running a temperature (he was fine first thing) and could I take him home. It is a normal reaction to the jabs but - with his mother away for another 24 hours - it looks like Joshua (in nappy) and I will enjoy another afternoon of Misdomer and Morse So no bearcast today. Sorry.

I previously cautioned on shares in foundry and machining group Castings (CGS) in the midst of they sliding below 450p last month. They are presently sliding further, at around 430p, on the back of results for the company’s half-year ended 30th September 2017…

AIM-listed and perennial jam tomorrow Internet of Things (IoT) investment company Tern plc (TERN) released a TR-1 this morning, showing that former (and now fully departed) Chairman Angus Forrest has been dumping his shares. The stock has slipped a little on the news, but not enough to make me think that the full significance of this selling has really been appreciated by the market.

BOS Global (BOS) has received a GM requisition which wins prizes for political correctness but which we back anyway as its main aim is for fire CEO Adam Webb who is man not fit to run a public lavatory let alone a public company.

It’s satisfying that my request for clarity and transparency at the start of the month HERE led to a further RNS this week from Boxhill Technologies providing further information. What is less satisfying is the fact that it was utter nonsense. How did you sign this off, Allenby?

It was only last Sunday when I was explaining that buying BOS Global (BOS) at 3p wasn’t a bargain. Well, it closed yesterday down 36% at 1.75p due to a shocker of a Company Update, the short summary of which was: Help, we need some money quick! It’s still not a bargain.

Hello, Share Crunchers. With the oil price soaring and possibly targeting $70 a barrel, it’s worth looking at a few of the less gigantic producers. Today I give you Premier Oil (PMO) which does both oil and gas with operations based in some interesting places.

I updated cautiously on Prime People (PRP) last month HERE and the specialist recruitment group has today announced results for its half year ended 30th September 2017…

An AGM statement from promotions and rewards technology group Eagle Eye Solutions (EYE) opens with that “the year ended 30 June 2017 was a successful period for Eagle Eye that saw us exceed management's original revenue expectations... The group's momentum has continued into the current financial year and Q1 FY2018 has delivered revenue growth of 36% to £3.1m”. However, revenue is vanity, cash is reality…

Joshua had his one year injections yesterday and I got a call from his nursery mid morning saying he was running a temperature and could I take him home. It is a normal reaction to the jabs but - with his mother away for another 48 hours - I am sitting with him wearing just his nappy and feeling rather sorry for himself as we watch Morse, Midsomer and other recorded and daytime junk. So no bearcast today. Sorry.

Previously writing on publishing group Quarto (QRT) in August, I concluded that a soft retail environment expected to continue and financial concerns saw me continue to avoid. The shares have recently risen to above 145p, but are now back towards 120p following a “Trading Update” announcement…